2 weeks Ago By Defense World Staff
Bokf Na lifted its stake in Ferguson plc ( NASDAQ:FERG – Free Report ) by 236.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,899 shares of the company’s stock after acquiring an additional 1,335 shares during the quarter.
Bokf Na’s holdings in Ferguson were worth $368,000 at the end of the most recent reporting period. A number of other hedge funds have also recently made changes to their positions in FERG. Richardson Financial Services Inc.
purchased a new position in shares of Ferguson during the fourth quarter worth $25,000. EdgeRock Capital LLC purchased a new position in Ferguson during the 2nd quarter valued at about $32,000. MCF Advisors LLC acquired a new position in Ferguson in the 1st quarter valued at about $47,000.
Brown Brothers Harriman & Co. grew its position in Ferguson by 538.1% in the 4th quarter.
Brown Brothers Harriman & Co. now owns 402 shares of the company’s stock valued at $78,000 after acquiring an additional 339 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Ferguson by 2,462.
5% during the second quarter. Versant Capital Management Inc now owns 410 shares of the company’s stock worth $79,000 after purchasing an additional 394 shares in the last quarter. Hedge funds and other institutional investors own 81.
98% of the company’s stock. Ferguson Stock Up 2.1 % Shares of NASDAQ:FERG opened at $197.
22 on Tuesday. Ferguson plc has a fifty-two week low of $147.62 and a fifty-two week high of $225.
63. The company has a quick ratio of 0.94, a current ratio of 1.
68 and a debt-to-equity ratio of 0.64. The firm’s 50-day simple moving average is $203.
96 and its 200-day simple moving average is $207.00. The company has a market cap of $39.
83 billion, a price-to-earnings ratio of 21.55, a PEG ratio of 5.84 and a beta of 1.
21. Analysts Set New Price Targets Several equities analysts have recently issued reports on the company. Royal Bank of Canada decreased their price objective on Ferguson from $217.
00 to $211.00 and set an “outperform” rating for the company in a research note on Wednesday, June 5th. Jefferies Financial Group upped their price objective on shares of Ferguson from $238.
00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, July 17th. Finally, Barclays lowered their target price on shares of Ferguson from $232.
00 to $229.00 and set an “overweight” rating on the stock in a research report on Friday, July 12th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock.
According to MarketBeat.com, Ferguson has an average rating of “Moderate Buy” and an average price target of $230.00.
Read Our Latest Research Report on FERG Ferguson Profile ( Free Report ) Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.
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